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Philip Booth

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Philip Booth

Philip Booth is the editorial and programme director at the Institute of Economic Affairs (IEA).
He is also professor of insurance and risk management at Cass Business School (City University - London).


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  • Selfishness and the Market Economy - [original conference paper]
    "... ... selfishness is not caused by a market economy. Selfishness, a disregard for the needs of others, does not emerge from the pages of a textbook by Friedman or Hayek. Churchmen who criticise the institution of the market because it fosters selfishness, and they frequently do, are very much looking at the wrong target ... ..."

  • Egoismo ed Economia di Mercato - [italian translation by Giampietro Lea - Venetian Institute]
    "... ... l'egoismo non è causato dall'economia di mercato. Egoismo, il non curarsi cioè dei bisogni altrui, non emerge dalle pagine di un testo di Friedman o di Hayek. Quei sacerdoti che criticano l'istituzione del mercato dicendo che essa incoraggia l'egoismo - e lo fanno frequentemente - stanno mirando al bersaglio sbagliato ... ..."

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(*) For the purpose of the Institute's work, the words "Venices", "Venetia" and "Northeast Italy" are interchangeable, and are taken as meaning the historical Venices within Northern Italy - i.e. the current italian regions of Venezia Tridentina-Sud Tirol/Alto Adige, Venezia Euganea, Friuli-Venezia Giulia, the current provinces of Bergamo, Brescia, Cremona (i.e Venezia Orobica), and Mantua.